Will Take-Two (TTWO) Beat Estimates Again in Its Next Earnings Report?

Core Insights - Take-Two Interactive (TTWO) is well-positioned to continue its earnings-beat streak, having surpassed earnings estimates by an average of 93.18% in the last two quarters [1][2]. Earnings Performance - In the most recent quarter, Take-Two reported earnings of $1.46 per share, exceeding the expected $0.91 per share by 60.44%. In the previous quarter, the company reported $0.61 per share against an estimate of $0.27 per share, resulting in a surprise of 125.93% [2]. Earnings Estimates and Predictions - Recent estimates for Take-Two have been increasing, with a positive Earnings ESP of +2.41%, indicating bullish sentiment among analysts regarding the company's earnings prospects [5][8]. - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat, with historical data showing that stocks with this combination beat estimates nearly 70% of the time [6][8]. Earnings ESP Explanation - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions, which may be more accurate than earlier predictions [7].